Yale Environment 360: Unsubsidized wind power is now cheaper than electricity produced from new coal- and natural gas-fired power stations in Australia, according to an analysis by Bloomberg New Energy Finance. The study said that electricity can be supplied from a new wind farm at a cost of 80 Australian dollars per megawatt hour, compared to 143 Australian dollars from a new coal plant and 116 Australian dollars from a new natural gas plant. Even without a recently imposed carbon price, wind energy is 14 percent cheaper...
URL: http://e360.yale.edu/digest/wind_energy_now_cheaper__than_fossil_fuel_power_plants_in_australia/3762/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+YaleEnvironment360+%28Yale+Environment+360%29
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